The Future Of America? – More Than Half Of All U.S. Adults Under Age 30 Now Reject Capitalism

A shocking new survey has found that support for capitalism is dying in America. In fact, more than half of all adults in the United States under the age of 30 say that they do not support capitalism at this point. You might be tempted to dismiss them as “foolish young people”, but the truth is that they are the future of America. As older generations die off, they will eventually become the leaders of this country. And of course our nation has not resembled anything close to a capitalist society for quite some time now. In a recent article, I listed 97 different taxes that Americans pay each year, and some Americans actually end up returning more than half of what they earn to the government by the time it is all said and done. So at best it could be said that we are running some sort of hybrid system that isn’t as far down the road toward full-blown socialism as most European nations are. But without a doubt we are moving in that direction, and our young people are going to be cheering every step of the way.

When I first heard of this new survey from Harvard University, I was absolutely stunned. The following is from what the Washington Post had to say about it…

The Harvard University survey, which polled young adults between ages 18 and 29, found that 51 percent of respondents do not support capitalism. Just 42 percent said they support it.

It isn’t clear that the young people in the poll would prefer some alternative system, though. Just 33 percent said they supported socialism. The survey had a margin of error of 2.4 percentage points.

Could it be possible that young adults were confused by the wording of the survey?

The university’s results echo recent findings from Republican pollster Frank Luntz, who surveyed 1,000 Americans between the ages of 18 and 26 and found that 58% of respondents believed socialism to be the “ compassionate” political system . And when participants were asked to sum up the root of America’s problem in one word, 29% said “greed.”

This trend among our young people is very real, and you can see it in their support of Bernie Sanders. For millions upon millions of young adults in America today, Hillary Clinton is not nearly liberal enough for them. So they have flocked to Sanders, and if they had been the only ones voting in this election season, he would have won the Democratic nomination by a landslide.

Sadly, most of our young people don’t seem to understand how socialism slowly but surely destroys a nation. If you want to see the end result of socialism, just look at the economic collapse that is going on in Venezuela right now. The following comes from a Bloomberg article entitled “Venezuela Doesn’t Have Enough Money to Pay for Its Money“…

Venezuela’s epic shortages are nothing new at this point. No diapers or car parts or aspirin — it’s all been well documented. But now the country is at risk of running out of money itself.

In a tale that highlights the chaos of unbridled inflation, Venezuela is scrambling to print new bills fast enough to keep up with the torrid pace of price increases. Most of the cash, like nearly everything else in the oil-exporting country, is imported. And with hard currency reserves sinking to critically low levels, the central bank is doling out payments so slowly to foreign providers that they are foregoing further business.

Venezuela, in other words, is now so broke that it may not have enough money to pay for its money.

We are losing an entire generation of young people. These days, there is quite a lot of talk about how we need to get America back to the principles that it was founded upon, but the cold, hard reality of the matter is that most of our young people are running in the opposite direction as fast as they can.

And Americans under the age of 30 are not just becoming more liberal when it comes to economics. Surveys have found that they are more than twice as likely to support gay rights and less than half as likely to regularly attend church as the oldest Americans are.

So why is this happening?

Well, the truth is that our colleges and universities have become indoctrination centers for the progressive movement. I know, because I spent eight years at public universities in this country. The quality of the education that our young people are receiving is abysmal, but the values that are being imparted to them will last a lifetime.

And of course the same things could be said about our system of education all the way down to the kindergarten level. There are still some good people in the system, but overall it is overwhelmingly dominated by the progressives.

Overall, the average American spends about 10 hours a day consuming one form of entertainment or another.

When you allow that much “programming” into your mind, it is inevitable that it is going to shape your values, and our young people are more “plugged in” than any of the rest of us.

So yes, I believe that it is exceedingly clear why we should be deeply concerned about the future of America. The values that are being relentlessly pounded into the heads of our young people are directly opposed to the values that this nation was founded upon, and it is these young people that will determine the path that this country ultimately takes.

Gee, I wonder how and why? Sarc/off! April 27th, 2016 First It Was The Banks Reporting Horrendous Numbers, Now It’s Big Tech, Can Anything Save The System?

First it was the banks reporting horrendous numbers — largely, we were told, because of their exposure to recently-cratered energy companies. Now it’s Big Tech, which is a much harder thing to explain. The FAANGs (Facebook, Apple, Amazon, Netflix and Google) own their niches and not so long ago were expected to generate strong growth pretty much forever. That’s why every large-cap mutual fund and most hedge funds (not to mention a few central banks) owned so much of them.

The destruction of the family unit is an essential step to take towards achieving totalitarian rule. Radical feminism and global collectivism are slowly but surely eradicating individuals and families alike paving the way for a one world government controlled by the state.

Thank you for your valuable contribution to this discussion. Such a big help.

kimyo

no american under the age of 30 has ever experienced capitalism. the msm calls it ‘capitalism’, sure, but what these ‘foolish young people’ are rejecting is actually fascism aka government by corporation.

diogenes

See my reply to Brisa25 above, kimyo. You need to educate yourself about basic economics and stop talking sectarian jargon. Clearly you’re a smart person. But smart isn’t enough. One also needs to be well-informed.

kimyo

i’ve just read part 2 of your essay, twice just now in fact. (i’d read most of the other parts as you posted them, somehow i missed part 2. thank you for such a well-wrought effort, and as a result of your words i only admire la follette that much more.)

i do want to become as well-informed as possible. however, even after re-reading, i don’t understand how you define capitalism.

when you say

Note also that these securities “expressing” fictitious values can serve
as collateral to underwrite (create) new bank credit in turn

perhaps you mean that the ‘pulling forward’ of future earnings can only lead to an exponential credit disaster.

i’m sure you can word it much better than i. are you saying that what we have today is capitalism? could you give me your 3 sentence definition of same? thanks, in advance.

diogenes

screw “capitalism”. The term is a meaningless fog. Look at specific economic and financial practices and how they work — as fraud, as looting. “Capitalism” is the intellectual construct of a German Jewish Kantian library dweller. American populists and progressives looked at the facts on the ground and addressed them. That’s politically and intellectually effective — and it can have practical results since it is based on practical facts. Spinning cobwebs of ideological abstraction is worse than useless, and 150 years of “marxism” demonstrates. My essay adopt the populist-progressive analysis to contemporary conditions in view of another 100 years of Wall Street pirate predation. THAT’s the problem we have do deal with — not “capitalism” or any kind of “ism” — legally enabled financial fraud and predation. Period. Look at the facts, screw the theories.

You are spot on target Kimyo. Here is the .01% list – Which Corporations Control the World?

A surprisingly small number of corporations control massive global market shares. How many of the brands below do you use? It’s a Small World at the Top. Largest banks hold a total of $25.1 trillion. Enough to fund the federal U.S. government for over 7 years or roughly $3500 per person on earth.

Capitalism means that if you accumulate money, you can make it work for you by investing it in various interest bearing vehicles. When interest rates are zero, there is no incentive to save. There is no capitalism….only debtism.

diogenes

I suggest you hunt out part 2 of my essay Distribution of Wealth In America,posted elsewhere on this site, and educate yourself about what “capitalism” really is, since you obviously don’t know and obviously have been filled full of deluding ideas.

diogenes

A system that puts 28% of the wealth in the hands of one person in a thousand, 51% of it in the hands of 1 person in a hundred, 75% of it in the hands of 5 people in a hundred, 89% of it in the hands of 10 in one hundred, and shares 1% of it among 60% — IS NOT WORKING. Why would anyone in their right mind not a member of that top 10% support it? Why would anyone support “capitalism”, a system that steals from the poor and gives to the rich, pillages and poisons communities, destroys the earth, foments wars and piles up corpses higher than Mt. Everest — just how crazed or blind or addled do you have to be to support THAT? No wonder it addicts people to 10 hours of day of distraction. Only a totally drugged population — or a “well educated” one — would stand it for a “new york minute” (to mention the capital of capital, the beating toxic heart of the evil empire).

Benji0804

Who steals from the poor? Nothing stopping the poor from not buying goods

or working for a company, they can always be a leech and still be poor with

government handouts.

The rich have gotten richer under Obama’s kleptocracy regime. So much wrong

with your comment it’s not even funny, if you want to talk about fascism look at

California.

Corporations are far from fascist.

diogenes

Get a dictionary and learn the meanings of words. Acquaint yourself with the realities of corporate structure and governance. You’ll find a guide in my Distribution of Wealth In America essay posted elsewhere on this site. Try to inform yourself and think instead of parroting drivel, and then thinking people won’t see you for a fool.

yEshUA ImmAnUEl

John 14:26
But the Helper, the Holy Spirit, whom the Father will send in my name, he will teach you all things and bring to your remembrance all that I have said to you.

14 : 26
(1+4)+(2+6)=???

yEshUA ImmAnUEl

“The senses must be stilled. This being stilled does not mean that the senses must be destroyed, but that they must be refined on the one hand, and held in subjection, or controlled, on the other. It is only when the senses are in abeyance that the still small voice of God can be heard and that He can be known.
In the stillness of the Soul, i.e., when the passions are subdued and do not make themselves felt, sanctification can take place, and when this happens, then Illumination follows.”

yEshUA ImmAnUEl

“Soul is the hidden mystery. This mystery cannot be solved until man individually, by great desire and constant search finds the “grave” where the Soul is buried, removes the “stone” and brings the Soul into life, i.e., Consciousness or Illumination, the Light.
The stone is profane, carnal man. This stone must be removed from the Temple. This is done by the transmutation of all carnal desires, passions and thoughts.”

yEshUA ImmAnUEl

“The thoughts of man act upon the Universal to the degree that the Universal acts upon him. It is therefore essential that man should govern his imagination and not allow it to run wild and become destructive.
Man is a twofold being, possessing a divine and an animal nature. When he thinks, feels and acts as a divine being should, he is a true man; when he feels and acts like an animal, he is an animal, and as low as those animals he imitates and which manifest in him.
An exalted imagination, the result of desires for good, raises man up; a low imagination, caused by desires for the things that are low, degrade and vulgarize him.
Imagination is the power by which the Will forms entities out of thought. Imagination is not fancy, for fancy is the corner-stone of superstition and foolish fears. The imagination of man becomes pregnant through desire, and desire gives birth to deeds that harmonize with desire. It is the privilege and within the power of everyone to educate and direct his imagi nation to the highest constructive purpose.
He who desires to learn how a man can unite his power of imagination with the imagination of heaven, must learn the process through which this is accomplished. Man comes into possession of creative power by uniting his own mind with the Cosmic mind. He who succeeds in blending his mind with the Cosmic mind will be in possession of the highest gainable Wisdom.”

yEshUA ImmAnUEl

“Let God be the seed, be thou the growing plant.”

yEshUA ImmAnUEl

” Most men live in the ‘seed of their nature.’ Instead of Immortalizing the mortal, they sink into the slime of their lusts and morbid desires with out an effort to raise themselves up upon the cross of self-sacrifice and control.
Such ‘spirituality’ has in mind the results that follow the conscious effort of bringing the Soul, the God, or Cosmic part of man into Consciousness.
There cannot be true ‘spirituality’of this nature unless man deliberately transmutes the evils and passions native to himself into the emotions which belong to the Soul and, at the same time, consciously endeavors to awaken the sleeping “Psyche” within himself. In other words, he must arouse and bring to life the Soul buried deep within himself. This is the Great Work.”

yEshUA ImmAnUEl

“O, you hypocrites, who despise the truths taught you by a true physician, who is himself instructed by Nature, and is a Sun of God himself! Come, then, and listen, impostors who prevail only by the authority of your high positions ! After my death, my disciples will burst forth and drag you to the light, and shall expose your dirty drug’s, wherewith up to this time you have compassed the death of princes, and the most invincible magnates of the Christian world. Woe for your necks in the day of judgment! I know that the monarchy will be mine. Mine, too, will be the honour and glory. Not that I praise myself: Nature praises me. Of her I am born ; her I follow. She knows me, and I know her. The light which is in her I have beheld in her.”

unheilig

What a massive stinking hypocritical pile of horseshit. You understand nothing about socialism, capitalism, fascism, politics, economics or sociology.

diogenes

how informative this comment is. thank you so much.

Your Free Gift

America does not have a capitalist system… It has a parody of the cartoonish system that was portrayed in Soviet and NAZI propaganda of the 20’s and 30’s… A PARODY.
.
This is the economy you get when a majority of alleged college educated people get their news from Comedy Central… A system that’s a joke. One that can’t feed them at that!

diogenes

It’s not a joke, it’s a criminal conspiracy with headquarters on Wall Street and it’s very very good at achieving its predatory objectives: one person in one thousand owns 28% of America, 1 person in 100 owns 51%, 5% own 75%, 10% own 89%. Half of us own, together, 1%. It is the biggest screw in all history. And yes, Comedy Central and its fellows in the media and the colleges, keep most Americans utterly gulled and drugged. Otherwise, the criminals would be out of luck.

wunsacon

Well, after years of research, I regretfully conclude “it’s never not been a parody”. Except that it’s not parody but tragicomedy.

Further, I now doubt it’s possible for a culture that celebrates and rewards selfishness to end up any other way.

After years of research learning just how much we’re lied to, I now also doubt the “capitalists”‘s accusations against many of the “communists” are supported by evidence, except context-free without showing how the “capitalists” were worse. Instead, I suspect that capitalists — kings and other oligarchs — manufactured most of the stories, blamed socialists/communists/anyone-but-themselves for every casualty in the wars that often had more to do with independence than any local love of communism, and were actually the more aggressive combatants. It’s necessary for the oligarchs to convince us otherwise, because that’s how they stay in power financially and politically.

Steve Smith

Invasion works, more than half of Americans under 30 are the children of immigrants and foreigners, most from socialist countries.

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